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Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of woodywhanauwoodywhanau
    Member
    @woodywhanau
    Join Date: 2004
    Post Count: 12
    February 29, 2004 - 3:15 am

    Hi Rob

    ‘We’ are my husband and I and neither of us have purchased any property so we would be eligible for the FHOG should we choose to purchase PPOR.

    Profile photo of woodywhanauwoodywhanau
    Member
    @woodywhanau
    Join Date: 2004
    Post Count: 12
    February 29, 2004 - 2:54 am

    Thank you – I will look into it..

    Profile photo of woodywhanauwoodywhanau
    Member
    @woodywhanau
    Join Date: 2004
    Post Count: 12
    February 28, 2004 - 3:16 pm

    Hi Steve
    I just read with interest the feb newsletter and wanted to thank you for the info provided. When I talked about the $7K FHOG it wasn’t so much the lure (wrong word) of the money, my thought pattern was were we silly not to utilise it whilst available therefore as you mentioned giving us a bonus deposit? Either way we have decided that renting and buying an ip is the way to go for us in order to achieve our goals. We too are prepared to wait for the gratification of our dream home!!

    I also found some confusing info in relation to the FHOG and ip ownership – if I have read it correctly then we can buy an ip and providing we have never lived in it, we would still be eligible for the FHOG?. Can anyone clarify this is correct or have I misinterpreted the info.

    I just wanted to say that the forums have been an amazing place for us – we have been reading and asking on many subjects and I thank all those participants who freely offer their thoughts and direction. Proud to be a part of it and very excited with where we are heading..

    Profile photo of woodywhanauwoodywhanau
    Member
    @woodywhanau
    Join Date: 2004
    Post Count: 12
    February 28, 2004 - 11:01 am

    Thanks Simon
    That’s what I thought but wanted to clarify if anyone had come across the situation.. Appreciate your advice

    Profile photo of woodywhanauwoodywhanau
    Member
    @woodywhanau
    Join Date: 2004
    Post Count: 12
    February 28, 2004 - 12:57 am

    Thank you all for your advice – I think I know deep down that to invest in property is the right way to go – it’s just one of those learning things and a change of mindset!! and I truly do believe that ip is the way for us!!

    Have a great weekend and enjoy…

    Profile photo of woodywhanauwoodywhanau
    Member
    @woodywhanau
    Join Date: 2004
    Post Count: 12
    February 26, 2004 - 1:39 pm

    Thanks for the feedback – after discussing for the last hour we have decided to go with the investment property first – get some equity and go from there. Just out of interest – I have since found out that as long as we own an investment property that we never live in we will still be eligible for the FHOG. Handy to know!!![:D]

Viewing 6 posts - 1 through 6 (of 6 total)